Can I retire at age 40 with 777,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $777,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$64,164$63,592$63,035$62,491$61,959$61,236
2 years$31,764$31,173$30,599$30,044$29,504$28,776
3 years$20,966$20,372$19,800$19,249$18,719$18,008
4 years$15,568$14,975$14,409$13,868$13,350$12,663
5 years$12,330$11,741$11,182$10,652$10,149$9,487
6 years$10,172$9,587$9,037$8,518$8,030$7,395
7 years$8,631$8,051$7,510$7,003$6,531$5,922
8 years$7,476$6,902$6,369$5,875$5,418$4,835
9 years$6,578$6,009$5,485$5,004$4,563$4,006
10 years$5,860$5,297$4,782$4,314$3,888$3,357
11 years$5,273$4,715$4,210$3,754$3,344$2,838
12 years$4,784$4,232$3,737$3,293$2,897$2,417
13 years$4,371$3,825$3,338$2,907$2,527$2,070
14 years$4,017$3,477$3,000$2,581$2,215$1,782
15 years$3,710$3,176$2,708$2,301$1,950$1,540
16 years$3,442$2,914$2,455$2,061$1,723$1,335
17 years$3,206$2,684$2,234$1,852$1,528$1,161
18 years$2,997$2,480$2,040$1,669$1,359$1,013
19 years$2,809$2,298$1,867$1,508$1,211$885
20 years$2,641$2,136$1,714$1,366$1,082$774
21 years$2,489$1,989$1,576$1,239$968$679
22 years$2,350$1,857$1,453$1,127$868$596
23 years$2,224$1,737$1,341$1,026$779$524
24 years$2,109$1,627$1,240$936$700$461
25 years$2,003$1,527$1,149$855$630$406
26 years$1,906$1,435$1,066$782$567$358
27 years$1,815$1,351$989$715$512$316
28 years$1,732$1,273$920$655$462$278
29 years$1,654$1,201$856$601$417$246
30 years$1,582$1,134$797$552$377$217
31 years$1,514$1,072$743$507$341$192
32 years$1,451$1,014$694$466$308$170
33 years$1,391$960$648$428$279$150
34 years$1,336$910$605$394$252$133
35 years$1,283$863$566$363$229$117
36 years$1,234$820$529$334$207$104
37 years$1,187$778$495$308$188$92
38 years$1,143$740$464$284$170$81
39 years$1,102$703$435$262$154$72
40 years$1,062$669$407$241$140$64
41 years$1,025$637$382$223$127$57
42 years$989$607$358$205$115$50
43 years$955$578$336$190$105$44
44 years$923$551$316$175$95$39
45 years$892$525$296$162$86$35
46 years$863$501$278$149$78$31
47 years$835$478$261$138$71$27
48 years$809$457$246$127$65$24
49 years$783$436$231$118$59$21
50 years$759$417$217$109$53$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $777,000, adding $3,231 every year, while hoping to spend $22,169 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 68/13/19 Blend
39$777,000$777,000$777,000$777,000
40$859,587$818,406$806,362$913,814
41$923,677$834,920$809,788$966,975
42$993,561$851,500$812,585$1,022,215
43$1,069,808$868,127$814,710$1,082,098
44$1,153,040$884,777$816,115$1,147,081
45$1,243,947$901,428$816,751$1,217,666
46$1,343,286$918,054$816,568$1,294,406
47$1,451,889$934,627$815,512$1,377,913
48$1,570,675$951,117$813,524$1,468,858
49$1,700,654$967,492$810,547$1,567,984
50$1,842,938$983,716$806,518$1,676,105
51$1,998,753$999,754$801,372$1,794,124
52$2,169,448$1,015,564$795,041$1,923,032
53$2,356,509$1,031,104$787,452$2,063,923
54$2,561,572$1,046,327$778,530$2,218,002
55$2,786,440$1,061,185$768,198$2,386,597
56$3,033,097$1,075,623$756,373$2,571,173
57$3,303,730$1,089,586$742,969$2,773,344
58$3,600,747$1,103,012$727,895$2,994,888
59$3,926,801$1,115,837$711,057$3,237,766
60$4,284,814$1,127,993$692,357$3,504,138
61$4,678,005$1,139,404$671,691$3,796,388
62$5,109,920$1,149,994$648,951$4,117,140
63$5,584,465$1,159,676$624,024$4,469,288
64$6,105,944$1,168,364$596,792$4,856,021
65$6,679,097$1,175,961$567,132$5,280,855
66$7,309,148$1,182,366$534,913$5,747,665
67$8,001,851$1,187,471$500,003$6,260,722
68$8,763,545$1,191,162$462,258$6,824,734
69$9,601,215$1,193,318$421,532$7,444,888
70$10,522,557$1,193,809$377,672$8,126,905
71$11,536,050$1,192,497$330,516$8,877,087
72$12,651,035$1,189,237$279,896$9,702,382
73$13,877,805$1,183,874$225,636$10,610,448
74$15,227,701$1,176,244$167,555$11,609,725
75$16,713,219$1,166,172$105,461$12,709,516
76$18,348,126$1,153,474$39,153$13,920,073
77$20,147,595$1,137,954$0$15,252,698
78$22,128,339$1,119,404$0$16,726,254
79$24,308,780$1,097,604$0$18,356,948
80$26,709,210$1,072,321$0$20,152,011
81$29,351,994$1,043,310$0$22,128,167
82$32,261,773$1,010,307$0$24,303,845
83$35,465,699$973,038$0$26,699,353
84$38,993,692$931,208$0$29,337,074
85$42,878,721$884,510$0$32,241,669
86$47,157,115$832,616$0$35,440,317
87$51,868,905$775,178$0$38,962,968
88$57,058,203$711,832$0$42,842,629
89$62,773,618$642,189$0$47,115,670
90$69,068,713$565,842$0$51,822,174
91$76,002,511$482,358$0$57,006,313
92$83,640,053$391,280$0$62,716,761
93$92,053,011$292,125$0$69,007,160
94$101,320,364$184,385$0$75,936,625
95$111,529,142$67,520$0$83,570,299
96$122,775,249$0$0$91,979,970
97$135,164,369$0$0$101,253,197
98$148,812,959$0$0$111,479,847
99$163,849,353$0$0$122,746,428
100$180,414,969$0$0$135,158,913